Jackson Financial (JXN) reported $-322 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 57%. EPS of $4.23 for the same period compares to $3.15 a year ago.The reported revenue represents a surprise of -119.18% over the Zacks Consensus Estimate of $1.68 billion. With the consensus EPS estimate being $3.67, the EPS surprise was +15.26%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall St ...

Jackson Financial (JXN) came out with quarterly earnings of $4.23 per share, beating the Zacks Consensus Estimate of $3.67 per share. This compares to earnings of $3.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.26%. A quarter ago, it was expected that this financial services company would post earnings of $3.53 per share when it actually produced earnings of $2.53, delivering a surprise of -28.33%.Over the last four q ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-40274 Jackson Financial Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporat ...

Andrii Dodonov Shares of Jackson National (NYSE:JXN) have been a tremendous performer over the past year, rising 70%. Elevated rates and rising equities continue to support results, and its capital position is now stellar. Since reiterating Jackson as a “strong buy” in December, shares have rallied a further 24%, bringing their return to nearly 60% since my initial piece in September. Shares now are within 10% of my $67 price target, and with additional financial results in hand, now is an opportune tim ...

LANSING, Mich.--(BUSINESS WIRE)--Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), was recently recognized with the “Highest Customer Service — Financial Industry” award for achieving the highest first-call resolution rating in the market in 2023 from Service Quality Measurement Group, Inc. (SQM). Jackson’s outstanding service also earned it the Call Center World Class First Call Resolution Certification, which recognizes an 80 percent ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

shapecharge Early each year, I like to check in on how annuity sales trended for the previous year. Survey says: Another record. According to LIMRA, 2023 marked the second consecutive year of record sales for annuities. The increase was +23% compared to 2022 as retirement numbers continue to show more older workers exiting the labor force. These are tailwinds for Jackson Financial (NYSE:JXN). I reiterate my buy rating on the stock after starting coverage a year ago. Shares fell big in March 2023, but I had ...

OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-40274 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 Jackson_cover_logo.jpg Jackson Financial Inc. (Exact name of registrant as specified in its charter) Delaware 98-0486152 (Sta ...

3) Change in Value of Funds Withheld Embedded Derivative and Net investment income on funds withheld assets: Comprised of (i) the change in fair value of funds withheld embedded derivatives; and (ii) net investment income on funds withheld assets related to funds withheld reinsurance transactions. | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------------------------------------------------------------------------------------|-------------|---------------------------- ...

Jackson Financial Inc. (NYSE:JXN) Q4 2023 Earnings Conference Call February 22, 2024 10:00 AM ET Company Participants Liz Werner - Head, Investor Relations Laura Prieskorn - Chief Executive Officer Marcia Wadsten - Chief Financial Officer Steve Binioris - Head, Asset Liability Management and Chief Actuary Craig Smith - President and Chief Investment Officer, PPM Conference Call Participants Ryan Krueger - KBW Suneet Kamath - Jefferies Tom Gallagher - Evercore ISI Operator Good morning and I would like to we ...